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Christian von Koenigsegg talks Saab

Christian von Koenigsegg talks about the future of Saab in the video below But Christian is not a man who courts personal publicity. So it’s a sign of how important the Koenigsegg-Saab deal is to him – and The Koenigsegg Group – that he’s come out of the woodwork to talk about the Saab deal. We first reported that Koenigsegg were to buy Saab back in May when we heard the first rumblings that Saab had a Swedish suitor.

Vauxhall Astra GTC 2011 / 2012 revealed

Vauxhall Astra GTC - the 3 door Astra will be revealed in June Actually, we’re not sure we should really have called this a reveal of the new Vauxhall Astra GTC. It’s more the reveal of the production version of the GTC Concept we already saw at the Paris Motor Show last year. Surprisingly, the Astra GTC manages to hang on to quite a bit of the style of the GTC Concept, such as the blistered wheel arches and the deep grill, although the usual conpcety stuff – like oversized alloys – have had to bite the dust.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).